LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$904M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$640M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$579M |
| 4 |
Vanguard Total Bond Market
BND
|
+$540M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$472M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Currency Hedged MSCI Japan ETF
HEWJ
|
+$12.8M |
| 2 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$12.5M |
| 3 |
XIV
VelocityShares Daily Inverse VIX Short Term ETN
XIV
|
+$8.56M |
| 4 |
State Street SPDR S&P Transportation ETF
XTN
|
+$4.43M |
| 5 |
iShares MSCI Japan ETF
EWJ
|
+$4.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.89% |
| 2 | Financials | 2.66% |
| 3 | Technology | 2.63% |
| 4 | Industrials | 2.33% |
| 5 | Consumer Staples | 2.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Tractor Supply
TSCO
$16.1B
| $6.12M | 0.02% |
365,430
+138,850
| +61% | +$2.46M |
|
627
Capital One
COF
$128B
| $6.1M | 0.02% |
87,809
+39,987
| +84% | +$3.06M |
|
628
iShares Global Tech ETF
IXN
$8.32B
| $6.09M | 0.02% |
382,458
+220,584
| +136% | +$3.62M |
|
629
J.M. Smucker
SJM
$12.7B
| $6.07M | 0.02% |
49,231
+25,106
| +104% | +$2.99M |
|
630
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$679M
| $6.07M | 0.02% |
161,661
+79,147
| +96% | +$3.12M |
|
|
AWF
631
AllianceBernstein Global High Income Fund
AWF
$870M
| $6.05M | 0.02% |
547,158
+225,732
| +70% | +$2.52M |
|
632
Invesco NASDAQ Internet ETF
PNQI
$528M
| $6.05M | 0.02% |
390,970
+214,475
| +122% | +$3.38M |
|
|
JTP
633
DELISTED
NUVEEN QUALITY PFD INCOME FD
JTP
| $6.02M | 0.02% |
728,409
+368,942
| +103% | +$3.02M |
|
634
iShares MSCI Singapore ETF
EWS
$1.04B
| $5.99M | 0.02% |
296,573
+134,541
| +83% | +$2.9M |
|
635
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $5.98M | 0.02% |
257,519
+100,378
| +64% | +$2.38M |
|
636
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.57B
| $5.97M | 0.02% |
60,280
+26,886
| +81% | +$2.7M |
|
|
HTD
637
John Hancock Tax-Advantaged Dividend Income Fund
HTD
$913M
| $5.97M | 0.02% |
290,208
+141,312
| +95% | +$2.9M |
|
638
Booking.com
BKNG
$149B
| $5.96M | 0.02% |
123,050
+32,875
| +36% | +$1.74M |
|
639
Ventas
VTR
$48B
| $5.92M | 0.02% |
102,742
+60,588
| +144% | +$3.3M |
|
640
Norfolk Southern
NSC
$75.4B
| $5.91M | 0.02% |
71,803
+32,231
| +81% | +$2.76M |
|
641
Global X SuperDividend ETF
SDIV
$1.22B
| $5.9M | 0.02% |
100,666
+42,655
| +74% | +$2.58M |
|
642
WisdomTree US LargeCap Fund
EPS
$1.59B
| $5.9M | 0.02% |
259,410
+123,486
| +91% | +$2.89M |
|
643
Invesco Dorsey Wright Technology Momentum ETF
PTF
$593M
| $5.87M | 0.02% |
458,964
+316,665
| +223% | +$4.29M |
|
644
WisdomTree US Value Fund
WTV
$3.2B
| $5.85M | 0.02% |
186,984
+128,300
| +219% | +$4.13M |
|
|
IGR
645
CBRE Global Real Estate Income Fund
IGR
$709M
| $5.82M | 0.02% |
767,169
+349,999
| +84% | +$2.68M |
|
646
Gabelli Dividend & Income Trust
GDV
$2.6B
| $5.79M | 0.02% |
322,337
+165,872
| +106% | +$3.11M |
|
|
PHK
647
PIMCO High Income Fund
PHK
$867M
| $5.75M | 0.02% |
683,462
+346,833
| +103% | +$2.9M |
|
648
Accenture
ACN
$102B
| $5.74M | 0.02% |
56,030
+1,647
| +3% | +$174K |
|
649
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.92B
| $5.74M | 0.02% |
228,450
+114,126
| +100% | +$2.96M |
|
650
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.5M
| $5.73M | 0.02% |
134,708
+78,619
| +140% | +$3.59M |
|
Similar funds
LPL Financial's Q4 2015 Portfolio in Review
As of Q4 2015, LPL Financial held 3,338 positions worth $36.1B, up 99% from $18.2B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
LPL Financial deployed $18.4B of net new capital in Q4 2015, opening 550 new positions and adding to 2,405 existing holdings. Its largest new stake was Alphabet (Google) Class A: 1,817,600 shares worth $69.2M.
By sector, the portfolio is most concentrated in Healthcare at 2.9% of assets, down from 3.1% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was iShares Currency Hedged MSCI Japan ETF, an estimated $12.8M trimmed.
- LPL Financial's largest Q4 2015 buy was Alphabet (Google) Class A: 1,817,600 shares worth $69.2M.
- LPL Financial added most to Vanguard Morningstar Total Stock Market ETF in Q4 2015, an estimated $904M increase.
- LPL Financial's biggest Q4 2015 reduction was iShares Currency Hedged MSCI Japan ETF, cutting an estimated $12.8M.
- LPL Financial fully exited COMCAST CORP SPL A (NEW) in Q4 2015, selling an estimated $4.02M.
- LPL Financial's ten largest holdings make up 22% of its $36.1B portfolio in Q4 2015.
- LPL Financial opened 550 new positions and closed 178 in Q4 2015.
- LPL Financial's portfolio value rose 99% quarter-over-quarter to $36.1B.
Based on LPL Financial's 13F filing for Q4 2015, filed 12 Feb 2016.